GERD as a percentage of GDP in Denmark

Denmark: GERD as a percentage of GDP was 3.0% in 2023. ▲ Rising

Latest (2023)
3.0%
Change on year
up 6.3%
World rank
11th
of 116 countries
All-time high
3.1%
in 2016
All-time low
1.8%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in Denmark, 1996–2023

01231996200920231996: 1.81997: 1.91998: 21999: 2.12000: 2.22001: 2.32002: 2.42003: 2.52004: 2.42005: 2.42006: 2.42007: 2.52008: 2.82009: 32010: 2.92011: 2.92012: 32013: 32014: 2.92015: 3.12016: 3.12017: 2.92018: 32019: 2.92020: 32021: 2.72022: 2.92023: 3

Source: UNESCO Institute for Statistics.

Analysis

In 2023, gerd as a percentage of gdp in Denmark stood at 3.0%.

That represents a change of up 6.3% on the previous year and up 2.9% over ten years.

Over the whole period, gerd as a percentage of gdp in Denmark peaked at 3.1% in 2016 and was at its lowest, 1.8%, in 1996.

That places Denmark 11th out of 116 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 28 years of available data.

GERD as a percentage of GDP in Denmark, year by year

Annual values for GERD as a percentage of GDP in Denmark, 1996 to 2023.
Year Value Change
1996 1.8% —
1997 1.9% +4.7%
1998 2.0% +6.1%
1999 2.1% +6.0%
2000 2.2% +2.8%
2001 2.3% +6.2%
2002 2.4% +5.0%
2003 2.5% +2.8%
2004 2.4% -3.7%
2005 2.4% -1.1%
2006 2.4% +0.5%
2007 2.5% +4.6%
2008 2.8% +10.0%
2009 3.0% +10.2%
2010 2.9% -4.2%
2011 2.9% +1.0%
2012 3.0% +1.4%
2013 3.0% -0.8%
2014 2.9% -1.6%
2015 3.1% +5.1%
2016 3.1% +1.2%
2017 2.9% -5.4%
2018 3.0% +1.5%
2019 2.9% -2.4%
2020 3.0% +2.0%
2021 2.7% -7.5%
2022 2.9% +4.5%
2023 3.0% +6.3%

Denmark compared with similar countries

  • Denmark's 3.0% is above the median for high income countries, which is 1.5%, 2.0× the median. (54 countries reporting)
  • Denmark's 3.0% is above the median for Europe & Central Asia, which is 1.4%, 2.2× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.0% 1.8% 2.1% 4
2000s 2.5% 2.2% 3.0% 10
2010s 3.0% 2.9% 3.1% 10
2020s 2.9% 2.7% 3.0% 4

Countries ranked near Denmark

  1. 8 Switzerland 3.2% compare
  2. 9 Germany 3.2% compare
  3. 10 Finland 3.1% compare
  4. 12 United Kingdom 2.7% compare
  5. 13 Iceland 2.6% compare
  6. 14 China 2.6% compare

See the full ranking of 166 places →

More science & technology data for Denmark

All data for Denmark →

Frequently asked questions

What is gerd as a percentage of gdp in Denmark?
Gerd as a percentage of gdp in Denmark was 3.0% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Denmark?
The highest recorded value was 3.1% in 2016.
What is the lowest gerd as a percentage of gdp recorded in Denmark?
The lowest recorded value was 1.8% in 1996.
How does Denmark rank for gerd as a percentage of gdp?
Denmark ranks 11th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Denmark?
Over the last ten years it is up 2.9%. The long-run trend across the full record is rising.
Where does this Denmark data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

Share, cite or embed this page

Cite this page

GERD as a percentage of GDP in Denmark. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/denmark/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/denmark/">GERD as a percentage of GDP in Denmark</a> — Statizoid

About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release